Did Mathematician Shinichi Mochizuki Invent Bitcoin?

It's hard not to be curious about the true identity of Bitcoin creator Satoshi Nakamoto, since he or she basically just stuck around on the internet long enough to introduce Bitcoin/get everyone all riled up and then disappeared. But Ted Nelson, the sociologist who invented the term "hypertext," thinks he knows who…

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Feds Seize Assets of World's Largest Bitcoin Exchange

The problems keep coming for Mt. Gox, the world's biggest Bitcoin exchange. Just days after Gawker revealed a key business partnership had devolved into a $75 million lawsuit, the Department of Homeland Security seized a payment processing account belonging to the company, alleging it lied on financial documents.

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How a Bitcoin Transaction Actually Works

At this point, you probably have a working understanding of what bitcoins are (at the very least your handle of bitcoins is like how you can kinda, sorta explain why the sky is blue to a kid). But how does an actual transaction with bitcoins work? That's a bit more complicated. It's not exactly pulling crumpled cash…

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Gaming League Employee Turns 14,000 Users Into Bitcoin-Mining Zombies

A good Bitcoin mining rig is hard to find. They're expensive, they take up space, they wrack up huge energy bills. Not at all practical for your average ESEA gaming network employee. Nefarious code that turns 14,000 of your users into an unwitting personal bitcoin botnet? Totally doable.

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Digital Drills: The Monster Machines that Mine Bitcoin

Bitcoin! It's everywhere right now. Its value is dropping, spiking, dropping again. More and more new converts are hopping in, buying a few coins and trying their hands at the market, looking to make a quick buck with a profitable exchange. But all the while, there's an ever-dwindling army of specialists working in…

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Bitcoin Mining Has An Absurd Environmental Impact

Ah digital currency. It's all in our collective hive-mind right? Coming and going in bits and bytes. Nothing to see here. So why is a hacking process called "Bitcoin mining" using $150,000 worth of electricity a day? This had better be good.

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This Video Explains Everything You Need to Know About Bitcoin in Three …

What is a bitcoin? Like exactly? It's digital currency and it's been around for a while now so what's all the fuss these days? It's because more and more places are accepting bitcoins as real currency. If you're still a little bit confused on where bitcoins come from (or how you can just invent digital currency),…

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